KOSPI (SEOUL.NDX) - Close: 1 936.22 (+9.37), Jun 28, 2016

Chart Technical Analysis KOSPI (SEOUL)

rsi chart
 Negative Candidate -Medium term, Jun 28, 2016Analysis Explanation
KOSPI is within a falling trend, which indicates a continued decline. Is moving within a rectangle formation between support at 1840 and resistance at 2010. A decisive break through one of these levels indicates the new direction for the index. The index has broken down through the support at points 1943. This predicts a further decline. In case of positive reactions, there will now be resistance at points 1943. The index is overall assessed as technically negative for the medium long term.

1 day-0.58%0.00+0.49%
5 days0.002.02%0.00-2.34%
22 days0.005.05%0.00-1.06%
66 days0.0010.04%0.00-2.51%
Trend -6%1721.12 - 1994.96
Long Term Trading Range2016-06-24
Short Term Trading Range2016-06-24
Moving average2016-03-29
Double Bottom Pattern2016-03-02


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